Philips CEO Gerard Kleisterlee was named a top European Business Leader by CNBC

March 24, 2010

London, United Kingdom – Tonight, Gerard Kleisterlee, CEO of Royal Philips Electronics, has been named one of the top European business leaders of 2010. He won the Outstanding Leadership in Sustainable Practices award, and was recognized by judges as ‘visionary leadership’ and as being ‘a great, great leader in Europe.’


The annual CNBC European Business Leaders awards, presented by CNBC in partnership with the Financial Times, are based on nominations made by an independent group of CEOs from within the FT Global 500.


Mick Buckley, President and CEO, EMEA at CNBC said: “As businesses learn to adapt to the macroeconomic uncertainty that continues to pervade the global economy, the need for effective and strong leadership remains. Strong corporate leadership plays an even more critical role today, so it’s important to recognise and celebrate excellence in leadership.” He continued: “But what makes these Awards stand out is that the CEOs are nominated and judged by their peers.  Today’s winners continue to prove Europe’s strength in the global economy.”


For more information about the Awards, the winners and the nominees, please visit the CNBC/EBLA website: 

About Royal Philips Electronics

Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a diversified Health and Well-being company, focused on improving people’s lives through timely innovations. As a world leader in healthcare, lifestyle and lighting, Philips integrates technologies and design into people-centric solutions, based on fundamental customer insights and the brand promise of “sense and simplicity”. Headquartered in the Netherlands, Philips employs approximately 116,000 employees in more than 60 countries worldwide. With sales of EUR 23 billion in 2009, the company is a market leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as lifestyle products for personal well-being and pleasure with strong leadership positions in flat TV, male shaving and grooming, portable entertainment and oral healthcare. News from Philips is located at